Reasons for and Against Owning a Car in Singapore
Ever since the automobile was invented, things started to spin faster and faster since people could get from one place to another with a smaller amount of time. Automobiles have then been used for quite a number of purposes from trade all the way to transport people from one place to another. Nowadays transportation has evolved and in both public transportation and private transportation.
Now let’s talk about something almost everyone wants to know about, should you or should you not purchase a vehicle or a private car? There would be a lot of things considered before your first you actually buy your first vehicle. You wouldn’t want to go out there buying your first vehicle and then suddenly realizing that it isn’t worth it. The worst that could happen would be you regretting the decision you’ve made after a couple of months once you’ve already purchased the vehicle. There are always two sides of the coin though and let’s remember that there are both positive and negative sides to owning a vehicle.
Here are a few reasons why you shouldn’t buy a car:
1. High tax in Singapore: Sadly, the tax you will have to pay is quite high especially if you compare it to other countries. Even if you don’t, unless you have a great salary, you’d most likely be having a hard time to pay taxes.
2. Difficult application: Applying for a license can be very costly. Not everyone can own a car and sometimes you have to wait for someone else’s license to expire before you can apply for one which would mean that you’d probably have to wait for a year.
3. Limited validity: You’re license is only valid for a minimum amount of time and if you are planning to continue, you would have to renew which would mean additional expenses and a bit of a hassle.
4. High price of gas: Gas slowly burns out your wallet. Not only is gas expensive, it is also very easily consumed.
5. Costly maintenance: Keeping your car in shape would mean that you would have to spend extra every month or so to make sure it doesn’t break down. After all, you spent a lot already.
Here’s a couple of reasons why you should buy a car:
1. In control of your route: You can’t go everywhere with the MRT. The good thing about having your own vehicle means that you are in control of your route. Not only can you go to places that are hard to reach with the MRT, you can also go from one place to another by just driving there.
2. Privacy: Privacy is very important and sadly, public transportation does not offer this. Privacy allows you to relax, compose yourself, and just enjoy your travel altogether.
3. Easier to travel with numbers: You won’t have a hard time traveling with a larger group of people. Unless of course, they won’t fit.